TCS Appoints V Ramakrishnan As CFO, R Gopinathan As CEO

by CXOtoday News Desk    Feb 21, 2017

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As N Chandrasekaran moves on to bigger responsibilities as the Chairman of Tata Sons, India’s largest software services firm Tata Consultancy Services (TCS) just announced a couple of top level realignment of roles. The IT major appointed V Ramakrishnan as Chief Financial Officer. He succeeds Rajesh Gopinathan, who will take over as the CEO and MD of the Tata Group company starting February 21, 2017.

Gopinathan said, “We are in a sweet spot as technology is becoming the front and centre in every industry. We will continue to invest ahead of the curve to develop capabilities, solutions and products to help our customers to transform their businesses for the digital age.”

Gopinathan started his professional career with TCS in 2001. He was appointed the CFO in February 2013. He has played a key role in helping TCS become a $16.5-billion global company with over 371,000 employees.

“I am delighted to announce the appointment of V Ramakrishnan (”Ramki”) as the CFO of TCS with effect from February 21, 2017. Ramki has been a key member of the TCS Finance team for more than 17 years and has worked closely with me over the last 9 years. I am confident that under Ramki’s leadership TCS Finance will continue to extend its leadership position,” said Rajesh Gopinathan, CEO – Designate, TCS.

Ramakrishnan (known as Ramki) takes over as CFO from February 21. Ramki has been a key member of the TCS Finance team for more than 17 years. He is a member of the Institute of Chartered Accountants of India, the Institute of Company Secretaries of India and the Institute of Cost Accountants of India.

Ramki joined TCS Finance in 1999 and served as the Finance head of TCS North America for 7 years. He closely partnered with business in the rapid growth of TCS’ operations in the region. Most recently he has been responsible for the financial controllership of TCS subsidiaries and branches globally and various merger & acquisitions integration initiatives.

“As we pivot  to lead in a Digital world, the role of Finance becomes even more strategic and I look forward to working closely with Rajesh and the TCS team in our journey to sustain and enhance stakeholder value,” said V Ramakrishnan, a graduate in commerce from Loyola College Chennai. 

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TCS, in a separate media statement, also announced the CEO-designate Rajesh Gopinathan has been appointed as the managing director on the company’s board. N Ganapathy Subramaniam (NGS as he is called) is currently the President of TCS Financial Solutions, a strategic business unit of TCS. He has been part of TCS and the Indian IT Industry for the past 34 years and has had opportunities to perform a variety of roles in delivering solutions to customers globally, especially in the Banking and Financial Services sector.

Sons Chairman-designate Natarajan Chandrasekaran will also hold the chairmanship of the group’s crown jewel Tata Consultancy Services from tomorrow.

Aman Mehta, Independent Director on the Board of TCS said, “Yet again TCS has demonstrated the ability to grow its own wood.” He believes with the top level realignment, TCS may look into the future with renewed confidence.